Pros and Cons of Living In Salem, West Virginia. Is Salem, WV a Nice Place To Live or Retire?

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Salem, West Virginia

Moving to Salem In West Virginia ? Is Salem, WV a Nice Place To Live? Pros and Cons of Living in Salem, West Virginia. Find out the best and worst about to live, raise a family or retire in Salem.

DEMOGRAPHICS

Population
1714
Unemployment
6%
28% NAT AVG.
Poverty
21.1%
51% NAT AVG.

ECONOMICS

Median Home Cost
$67600
71% NAT AVG.
Median Income
$40707
40% NAT AVG.
Median Rent
$659
43% NAT AVG.
Overall Score
4

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 17
People Earning < $10,000
1 in 21
People Earning < $50,000
63.6%
People With Any Degree
1 in 3.3

ETHNICITY

Ethnicity Salem USA
White 90.3% 60.1%
African American 5.7% 12.2%
American Indian 0% 0.6%
Asian 0% 5.6%
Hawaiian 0.4% 0.2%
Multiracial 2.3% 2.8%
Hispanic 1.3% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Salem USA
Less than $10,000 4.8% 5.8%
$10,000 to $14,999 7.4% 4.1%
$15,000 to $24,999 19.3% 8.5%
$25,000 to $34,999 8.3% 8.6%
$35,000 to $49,999 23.8% 12.0%
$50,000 to $74,999 17.9% 17.2%
$75,000 to $99,999 1.5% 12.8%
$100,000 to $149,999 10.2% 15.6%
$150,000 to $199,999 5% 7.1%

EDUCATION

Education Salem USA
< 9th Grade 2% 5.0%
9-12th Grade 13% 7.0%
High School or GED 33% 27.0%
Other College 22% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 9% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 1% 1.0%
Salem is a city in West Virginia state in USA with a population of 1714 residents.. The poverty rate of Salem is 21.1%, which is 51% higher than national average. The typical household in Salem earns $40707 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 21 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63.6% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Salem remained 6%, which is 28% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Salem is 0, which is 100% lower than national average. In Salem, only 21% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in Salem is $67600 , which is 71% lower than national average. While median income in Salem remained $40707, which is 40% lower than national average.
Salem Scorecard

Jobs50%

Housing40%

Affordability85%

Safety60%

Amenities60%

Diversity60%

Education60%

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